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EV, hydro boom to power 6x rise in battery storage by ‘47

Mint Hyderabad

|

November 27, 2025

India is preparing to meet a projected cumulative battery energy storage capacity of nearly 3 terawatt-hours (TWh) by 2047 across electric mobility, power, and electronic components, according to two people aware of the development, with electric vehicles (EVs) expected to contribute a third of the demand.

- Manas Pimpalkhare & Rituraj Baruah

The ministry of new and renewable energy had earlier estimated in its Energy Storage Systems Overview a demand of about 2.3 TWh: 540 GWh from pumped-storage plants and 1,840 GWh from battery energy storage services.

FLERE HISTORIER FRA Mint Hyderabad

Mint Hyderabad

Apple set to regain top smartphone maker spot after 14 yrs

Apple Inc.

time to read

1 min

November 27, 2025

Mint Hyderabad

SP Eyes Tata exit to cut debt costs

Debt-laden Shapoorji Pallonji Group is banking on Tata Trusts softening the stance on its potential exit from Tata Sons to reduce its borrowing costs, two people aware of the matter said.

time to read

1 min

November 27, 2025

Mint Hyderabad

Mint Hyderabad

Is Bengaluru’s appetite for fast food restaurants waning?

Quick-service restaurants have flagged weakening demand in the key market

time to read

2 mins

November 27, 2025

Mint Hyderabad

IL&FS group repays ₹48,463 cr loan

Debt-ridden IL&FS group has repaid ₹48,463 crore to its creditors as of September 2025, out of the total ₹61,000 crore debt resolution target, as per the latest status report filed before insolvency appellate tribunal NCLAT.

time to read

1 min

November 27, 2025

Mint Hyderabad

Tejas will work with Airtel, BSNL to fix signal in Rajasthan

Tejas Networks Ltd will cooperate with Bharti Airtel Ltd and Bharat Sanchar Nigam Ltd (BSNL) to resolve the network interference issues reported in Rajasthan quickly, the Tata group company said on Wednesday.

time to read

1 mins

November 27, 2025

Mint Hyderabad

Mint Hyderabad

'First-gen founders take bigger investment risks'

India’s markets are minting a new class of first-generation millionaires: entrepreneurs who’ve scaled ideas into Initial public offerings (IPOs) and unlocked unprecedented personal wealth.

time to read

2 mins

November 27, 2025

Mint Hyderabad

Mint Hyderabad

Aramco taps Citi for oil storage stake sale

Saudi Aramco has chosen Citigroup to help arrange a potential multibillion-dollar stake sale in its oil export and storage terminals business, people familiar with the matter said.

time to read

1 min

November 27, 2025

Mint Hyderabad

MO Alternates launches its maiden private credit fund

The %3,000 crore fund has drawn capital from family offices, ultra-HNIs and institutions

time to read

3 mins

November 27, 2025

Mint Hyderabad

Mint Hyderabad

Fintechs turn fund magnets with cross-border licensing

Funders see growth prospects in central bank's payment aggregator-cross border licensing

time to read

3 mins

November 27, 2025

Mint Hyderabad

Mint Hyderabad

Reliance JV, L&T to plough $13.5 bn into data centres

India’s data-infrastructure buildout hit a $13.

time to read

1 min

November 27, 2025

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